RiverSource California Tax-Exempt B
70100 Ameriprise Financial Center Minneapolis MN 55474
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Phone: 888-791-3380
| Category: | Muni California Long | | Fund Family: | RiverSource | | Net Assets: | 4.71M | | Year-to-Date Return: | 0.16% | | Yield: | 3.32% | | Morningstar Rating: |  | | Fund Inception Date: | 20-Mar-95 |
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Catherine M. Stienstra
Lead Manager since
30-Oct-07 | | | Stienstra is a portfolio manager and Leader of the municipal sector team with RiverSource Investments. She joined the company since July 2007. Prior to that, Stienstra worked as Director and Senior Portfolio Manager for FAF Advisors, since 1998 to 2007, and worked with Piper Capital Management since 1990 to 1998. She began her investment career in 1988. |
| Min Initial Investment: | $2,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks income exempt from federal and California income taxes. The fund normally invests at least 80% of total assets in California municipal obligations, the interest on which is exempt from federal, state, and local income taxes in California. It may invest more than 25% of total assets in a special segment of the municipal securities market or in industrial revenue bonds. The fund may invest 25% of total assets in junk bonds. It may invest 20% of total assets in debt obligations whose interest is subject to the alternative minimum tax computation. The fund is nondiversified. |
| Last Dividend
(27-Aug-08):
| 0.01 | | Last Cap Gain
(17-Dec-07):
| 0.04 | | Annual Holdings Turnover
| 62.00% | | Average for Category:
| 29.99% |
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| Expense | ACABX | Category
Avg | | Total Expense Ratio: | 1.54%
| 1.13% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.22% | | Max Deferred Sales Load: | 5.00%
| 2.62% | | 3 Yr Expense Projection*: |
$907 | $588 | | 5 Yr Expense Projection*: |
$1,080 | $844 | | 10 Yr Expense Projection*: |
$1,730 | $1,576 |
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5.11% Nasdaq 
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